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20121208
20121208
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KQED (PBS) 1
KQEH (PBS) 1
KRCB (PBS) 1
MSNBCW 1
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Search Results 0 to 4 of about 5 (some duplicates have been removed)
FOX News
Dec 7, 2012 4:00pm PST
and in perfect news but the truth is consumer confidence and the fiscal cliff talk could say have something to do with all of it. >> no doubt about it new survey out from reuters, michigan in early december we saw consumer sentiment drop to the lowest level that we have seen since august. that suggests, according to analysts that the increased taxes they are expecting from this fiscal crisis is weighing on consumer spending right now. the other side of this though, of course, is vice president biden went to a diner today to talk to some middle class folks and he basically said he has been talking to business leaders to say the converse of this is if there is a fiscal deal business leaders tell him the economy will be unleashed. take a listen. >> the upside is even bigger than the downside. they are ready to move they have well over a trillion dollars out there continue to vest if they think that the economy is going to move. >> and i have been talking to officials in both pears who say that has been the most surprising thing to leaders in washington here in private is that the markets have remain
MSNBC
Dec 8, 2012 11:00am PST
cliff. talking a trillion dollars in cuts over ten years. that would mean furloughs for some federal workers, slower hiring, outside contracting, the closer we get to the cliff, the more real it begins to seem. how does that then change the negotiations? >> well, i think it's all part of the political pressure the white house is trying to apply to the congressional republicans. we saw the same thing in '11 when we had the near government shutdown and the dispute over the debt ceiling. the closer we get to the debt line, the white house starts talking act what kind of specific impact this would have. in terms of the fiscal cliff, higher taxes on everybody. one thing that will happen without an agreement, all the bush tax rates go away, so everyone's taxes are going to go up. you'll see that emphasized over the next couple weeks. you'll hear the white house talk about what a bad situation there will be after january 1 if this deal is not cut. >> david jackson, "usa today," shira toeplitz, "roll call." we appreciate your time so much we'll talk to you later in the hour as well. >> thank
PBS
Dec 8, 2012 12:00am PST
for the labor department. >> in terms of the fiscal cliff, so far we are not seeing any big impact. >> reporter: not even an impact on retail which, for all the talk of online supplanting bricks-and-mortar buying, added 53,000 jobs last month-- much of it holiday hiring, no doubt-- but a healthy 140,000 overall increase in the past three months. not all the new numbers were festive, however. construction shed 20,000 jobs, though perhaps influenced by sandy. manufacturing dropped 7,000. grinchier still, job growth in september and october was revised down by 49,000 jobs. and for all the talk of a lower unemployment rate, its explanation seemed to be that several hundred thousand more americans stopped looking for work in november and were counted out of the labor force. again, economist holtzer. >> this month's change was driven completely by the fact some people stopped looking. last month's drop in unemployment really was driven by people becoming employed. the fact the unemployment rate has dropped from over 10% over the last two or three years part of that is real job gaining by some people
Search Results 0 to 4 of about 5 (some duplicates have been removed)